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First Bancorp (FBP) Annual Income Statement

Annual · GAAP · USD millions
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The income statement data below highlights shifts in First Bancorp's operating performance over recent quarters.
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Annual Report, GAAP in USD millions
ITEM 		(Dec 31 2025)
2025 		(Dec 31 2024) (Dec 31 2023) (Dec 31 2022) (Dec 31 2021)
Revenues
Interest and Fee Income, Loans and Leases979.14
Interest and Dividend Income, Securities, Operating102.92
Interest Income, Domestic Deposits41.10
Total Interest Income1,123.16
Interest Expense, Deposits237.68
Interest Expense, Short-term Borrowing0.09
Interest Expense, Long-term Debt and Capital Securities0.00
Total Interest Expense254.22
Net Interest Income868.94
Provision for loan losses0.19
Total Net Interest Income782.98
Fees and Commissions, Mortgage Banking and Servicing14.11
Bank Owned Life Insurance Income18.09
Extinguishment of Debt0.00
Loss / Gain on Investment13.23
Other Non-Interest Income86.46
Total Non-interest Income131.88
Total Revenues914.86
Costs & Expenses
Salaries & employee benefits, SGA40.56
Restructuring, Accretion & impairment charges0.00
Communications, Occupancy and Information Technology-88.91
Professional Fees-48.11
Federal Deposit Insurance Corporation Premium Expense-7.67
Other Noninterest Expense-31.75
Other loss /-income-282.79
Total Operating Expenses-417.01
Total Costs & Expenses-150.77
Income & Taxes
Income /-loss before income taxes416.73
Income taxes expenses/-benefit71.87
Income after income taxes344.87
Net income/-loss of other equity0.00
Income /-loss after income taxes344.87
Net Income/-loss344.87
Income/-loss to shareholder344.87
Earnings Per Share
Basic EPS (excl. extra items)2.16
Basic Net EPS2.16
Basic shares outstanding (Mill. of Units)159.96
Diluted Net EPS2.15
Diluted average shares (Mill. of Units)160.74
Dividend per share0.72
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About First Bancorp pr Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: February 27, 2026
  • Original filing: fbp-20251231.htm

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.